Designer Brands Inc (DBI)
Payables turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,100,090 | 2,091,651 | 2,140,929 | 2,185,748 | 2,236,203 | 2,266,046 | 2,226,695 | 2,195,700 | 2,127,946 | 2,033,897 | 1,981,261 | 1,901,279 | 1,923,478 | 2,072,893 | 2,246,197 | 2,388,304 | 2,493,017 | 2,503,444 | 2,403,512 | 2,347,973 |
| Payables | US$ in thousands | 289,368 | 310,113 | 294,724 | 288,526 | 255,364 | 315,996 | 337,543 | 369,147 | 340,877 | 401,280 | 299,322 | 341,819 | 245,071 | 371,382 | 224,693 | 283,054 | 299,072 | 266,335 | 289,457 | 224,576 |
| Payables turnover | 7.26 | 6.74 | 7.26 | 7.58 | 8.76 | 7.17 | 6.60 | 5.95 | 6.24 | 5.07 | 6.62 | 5.56 | 7.85 | 5.58 | 10.00 | 8.44 | 8.34 | 9.40 | 8.30 | 10.46 |
February 3, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,100,090K ÷ $289,368K
= 7.26
The payables turnover ratio for Designer Brands Inc has varied over the past several quarters, ranging from a low of 5.07 to a high of 10.46. This ratio measures how effectively the company is managing its accounts payable by paying off its suppliers. A higher payables turnover ratio indicates that the company is paying its suppliers more frequently, which could signal strong liquidity and efficiency in managing working capital.
From the data provided, it is evident that there have been fluctuations in Designer Brands Inc's payables turnover ratio over the periods analyzed. The fluctuations may be influenced by various factors such as changes in purchasing patterns, supplier relationships, and payment terms. Analyzing the trend over time can provide insights into the company's payment practices and its ability to effectively manage its accounts payable.
Peer comparison
Feb 3, 2024